The Stock Exchange of Thailand (SET) has donated THB 40 million (approx. USD 1.20 million) to support two development projects by Thai medical teams and experts on Covid-19 vaccine.

1) Baiya vaccine is developed by the Faculty of Pharmaceutical Sciences, Chulalongkorn University,

2) ChulaCov19 is developed by the Faculty of Medicine, Chulalongkorn University and Chulalongkorn Memorial Hospital – the Thai Red Cross Society, in line with the government’s policy to help speed up the progress of research and development (R&D) of the Thai vaccines to success.

SET President Pakorn Peetathawatchai said that even though the COVID-19
situation in Thailand has improved, it is still necessary to ensure that Thais
are immune to the virus in the long run.

Having vaccine R&D and innovations in Thailand by the Thai teams will help tackle the situations with less budget than importing them from abroad. SET aims to play a part in helping people and society by donating THB 40 million for the development of both projects which need a lot of funding.

The donation is in accordance with SET’s intention to promote Thai innovations that can lead to tangible results, and the vaccine development projects are also in line with SET’s vision “To Make the Capital Market ‘Work’ for Everyone”.

Read More

About the author | Website

Siam News Network includes top references news sites, Job Board, Business Directory and Classifieds Portal

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

SET revises rules to accommodate DWs with foreign stocks as underlying assets

In addition, SET has stepped up regulatory oversight of DWs with irregular trading in the similar practice to SET’s supervision on stock trading in order to mitigate risks for investors.

mai welcomes veterinary medicines and medical devices “BIS”

The founders and executives are experienced veterinarians with expertise in this business for over 18 years, resulting in the ability to understand and respond to customers’ benefits and needs

Stock Exchange of Thailand (SET) market report for January 2022

At end-January the SET Index closed at 1,648.81, considered quite stable compared to the previous month, supported by industry groups that benefited from the country reopening.